PYMNTS· PYMNTS·· 5 hours agoAI score49
Online travel agency stocks fall after OpenAI acquires travel platform Odessia
Online Travel Agencies’ Shares Drop Following OpenAI Acquisition of Travel Startup Odessia
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After OpenAI acquired travel automation platform Odessia, shares of Expedia Group, Tripadvisor, and Booking Holdings fell nearly 4%, more than 3%, and more than 2%, respectively. Odessia can plan itineraries, compare prices, and make bookings within a conversational interface, and processed about $60 million in travel transaction volume in its first year. Founder Francis Davidson will join OpenAI to lead travel technology development.
Source:PYMNTS · pymnts.com